Which of the following is another name for a dummy variable?
A) Independent variable
B) Dependent variable
C) Indicator variable
D) Y variable

Question

Quizplus · Accepted Answer

A dummy variable is also commonly referred to as an indicator variable. It is a variable that takes on the values 0 or 1 to indicate the presence or absence of a characteristic or attribute. Independent variables are variables that are manipulated or controlled in a study, while dependent variables are the outcomes or results that are being measured. Y variable refers specifically to the dependent variable in a regression analysis.

Which of the Following Is Another Name for a Dummy